Xinsteel's H1 non-oriented silicon steel sales hits record high

Xinyu Iron & Steel Corporation Limited (Xinsteel) reported sales of 659,200t of non-oriented silicon steel in the first half of 2023, up by 55.Asian Metal Copyright During the first half of the year, Xinsteel sold 39,000t of silicon steel used for new energy vehicle, and the medium-to-high grade products accounted for 81.Asian Metal Copyright83% from the year ago period and hitting a new high.Asian Metal Copyright51% of the total, including 39.Asian Metal Copyright According to statistics of electrical steel industry, China's total production and sales of non-oriented silicon steel reached 5.Asian Metal Copyright53 million tonnes in the first half of this year, and Xinsteel was the third highest ranked company with a market share of 11.Asian Metal Copyright53 million tonnes in the first half of this year, and Xinsteel was the third highest ranked company with a market share of 11.Asian Metal Copyright According to statistics of electrical steel industry, China's total production and sales of non-oriented silicon steel reached 5.Asian Metal Copyright75%.

During the first half of the year, Xinsteel sold 39,000t of silicon steel used for new energy vehicle, and the medium-to-high grade products accounted for 81.51% of the total, including 39.Asian Metal Copyright According to statistics of electrical steel industry, China's total production and sales of non-oriented silicon steel reached 5.Asian Metal Copyright26% for high-grade production, a significant increase from last year.

.Asian Metal Copyright According to statistics of electrical steel industry, China's total production and sales of non-oriented silicon steel reached 5Asian Metal Copyright